Adjustments to Loans and Repayments Sample Clauses

Adjustments to Loans and Repayments to the extent reasonably practicable, all Borrowings and reborrowings by way of Loans under the Credit Facility, and all repayments of the Loans, will be made and applied in a manner so that the proportion borne by the total amount of the Loans owing to each Lender under the Credit Facility to the total amount of the Loans owing to all Lenders under the Credit Facility will at all times be equal to the proportion borne by the Commitment of that Lender under the Credit Facility to the Aggregate Commitment; and
Sample 1
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Adjustments to Loans and Repayments to the extent reasonably practicable, all Borrowings and reborrowings by way of Loans under the Credit Facilities, and all repayments of the Loans, will be made and applied in a manner so that the proportion borne by the total amount of the Loans owing to each Lender under a particular Credit Facility to the total amount of the Loans owing to all Lenders under that Credit Facility will at all times be equal to the proportion borne by the Commitment of that Lender under such Credit Facility to the Facility A Total Commitment or the Facility B Total Commitment, as the case may be; and
Sample 1
Adjustments to Loans and Repayments to the extent reasonably practicable and except for Loans under the Overdraft and L/C Facility, all Borrowings and reborrowings by way of Loans under the Credit Facilities, and all repayments of the Loans, will be made and applied in a manner so that the proportion borne by the total amount of the Loans owing to each set of Paired Lenders under a particular Credit Facility to the total amount of the Loans owing to all Lenders under that Credit Facility will at all times be equal to the proportion borne by the Commitment of that set of Paired Lenders under such Credit Facility to theRevolving Facility Total Commitment or the Term Facility Total Commitment, as the case may be;
Sample 1

Related to Adjustments to Loans and Repayments

  • Prepayments and Repayments .. 29 Section 2.8 Notes; Loan Accounts.................... 30 Section 2.9 Manner of Payment....................... 30 Section 2.10 Reimbursement........................... 31 Section 2.11 Pro Rata Treatment...................... 32 Section 2.12

  • Repayments and Prepayments The Borrower shall repay in full the unpaid principal amount of each Loan upon the Stated Maturity Date therefor. Prior thereto, the Borrower

  • Prepayments of the Loans (a) Immediately upon receipt by Borrower or its Subsidiaries of proceeds of any (i) sale or other disposition of Collateral (excluding Accounts and Inventory) permitted under Section 7.9 in excess of $1,000,000 in the aggregate in any Fiscal Year, (ii) sale of the stock of any Subsidiary of Borrower or (iii) issuance of equity securities (other than equity issued in connection with Borrower’s Plans) or issuance of Debt (other than Guaranties) permitted under the last sentence of Section 7.13 (excluding proceeds of equity or Debt issued to finance a Permitted Acquisition but only to the extent such proceeds are received and paid to the sellers of the Target contemporaneously with the consummation of the Permitted Acquisition or contemporaneously with the date on which any other consideration is required to be paid to such sellers in connection with such Permitted Acquisition), Borrower shall prepay the Obligations in an amount equal to all such proceeds, net of (A) commissions and other reasonable and customary transaction costs, fees and expenses properly attributable to such transaction and payable by Borrower in connection therewith (in each case, paid to non-Affiliates), (B) transfer taxes, (C) amounts payable to holders of senior Liens (to the extent such Liens constitute Permitted Liens hereunder), if any, and (D) an appropriate reserve for income taxes in accordance with GAAP in connection therewith (“Net Proceeds”). Notwithstanding the foregoing, if an Event of Default has occurred and is continuing, all Net Proceeds from a sale of Collateral subject to clause (i) above shall be applied to the Obligations without regard to the $1,000,000 exclusion set forth above. Any such prepayment required by this Section 3.3(a) shall be applied in accordance with Section 3.7.

  • Payments and Prepayments 1.1 Payments and prepayments of principal and interest on this Note shall be made to Payee at 000 Xxxxxxxxx Xxxx Xxxxx, Xxxxx 000, Xxxxx Xxxxxx, X.X. 10604.

  • Mandatory Repayments and Prepayments 28 SECTION 3.06.

  • Investments, Loans and Advances Purchase, hold or acquire any Equity Interests, evidences of indebtedness or other securities of, make or permit to exist any loans or advances to, or make or permit to exist any investment or any other interest in, any other person, except:

  • Mandatory Payments and Prepayments (a) Except to the extent due or paid sooner pursuant to the provisions of this Agreement, the aggregate outstanding principal of the Loans shall be due and payable in full on the Maturity Date.

  • Investments, Acquisitions, Loans and Advances The Borrower shall not, nor shall it permit any Subsidiary to, directly or indirectly, make, retain or have outstanding any investments (whether through purchase of stock or obligations or otherwise) in, or loans or advances to (other than for travel advances and other similar cash advances made to employees in the ordinary course of business), any other Person, or acquire all or any substantial part of the assets or business of any other Person or division thereof; provided, however, that the foregoing shall not apply to nor operate to prevent:

  • Investments, Loans, Advances and Acquisitions The Borrower will not, and will not permit any of its Subsidiaries to, purchase, hold or acquire (including pursuant to any merger with any Person that was not a wholly owned Subsidiary prior to such merger) any capital stock, evidences of indebtedness (subject to Section 6.09 below) or other securities (including any option, warrant or other right to acquire any of the foregoing) of, make or permit to exist any loans or advances to, or make or permit to exist any investment or any other interest in, any other Person, or purchase or otherwise acquire (in one transaction or a series of transactions) any assets of any other Person constituting a business unit, except:

  • Payments Reductions of Commitments Prepayments 16 2.5. Promise to Pay; Promissory Notes. 26

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